W.A.G payment solutions (LON:WPS) Stock Price Up 8.7% – Here’s What Happened

Shares of W.A.G payment solutions plc (LON:WPS) were up 8.7% during mid-day trading on Monday . The company traded as high as GBX 70.20 ($0.94) and last traded at GBX 65.20 ($0.87). Approximately 363,191 shares traded hands during mid-day trading, an increase of 25% from the average daily volume of 291,003 shares. The stock had previously closed at GBX 60 ($0.80).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 120 ($1.60) price objective on shares of W.A.G payment solutions in a research report on Tuesday, March 25th.

W.A.G payment solutions Stock Up 8.7%

The company has a debt-to-equity ratio of 161.47, a quick ratio of 1.28 and a current ratio of 0.97. The stock’s 50-day moving average price is GBX 60.92 and its two-hundred day moving average price is GBX 70.83. The stock has a market capitalization of £541.53 million, a PE ratio of -13.24 and a beta of 0.13.

W.A.G payment solutions (LON:WPS) last announced its earnings results on Tuesday, March 25th. The company reported GBX 4.65 ($0.06) earnings per share for the quarter. W.A.G payment solutions had a negative net margin of 1.98% and a negative return on equity of 15.92%. As a group, analysts expect that W.A.G payment solutions plc will post 7.1466198 EPS for the current fiscal year.

W.A.G payment solutions Announces Dividend

The business also recently announced a dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Thursday, June 26th will be paid a GBX 3 ($0.04) dividend. The ex-dividend date is Thursday, June 26th. This represents a dividend yield of 5%.

W.A.G payment solutions Company Profile

Eurowag was founded in 1995 and is a leading technology company and an important partner to Europe’s commercial road transport industry, with a purpose to make it clean, fair and efficient.
Eurowag enables trucking companies to successfully transition to a low carbon, digital future by harnessing all mission critical data, insights and payment and financing transactions into a single ecosystem and connects their operations seamless before a journey, on the road and postdelivery.

Please visit our website https://investors.eurowag.com for more information.